Greater Kailash 1 property market: An overview

[ecis2016.org] Greater Kailash 1 is a part of Greater Kailash. It is a residential area in south Delhi. The area was developed in the 1960s

Greater Kailash 1 is a well-developed residential area with proper social infrastructure. The area was developed by DLF Limited. The real estate of Greater Kailash 1 is a sound one as it is a well-known residential area. There are different types of flats and apartments in Greater Kailash 1 of different sizes like 1-BHK to 3-BHK. There are apartments and independent houses too in Greater Kailash 1. There are builders in Greater Kailash 1 like Panchsheel, Prime Associates, etc., who are constructing several flats and apartments in this locality.

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Connectivity with nearby Greater Kailash 1 localities

• The distance from Greater Kailash 1 to Indira Gandhi International Airport is 15.4 kilometres.
• The distance from Greater Kailash 1 to New Delhi Railway Station is 11.3 kilometres.
• There are several bus stops which help to connect to other places.

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Employment hubs near Greater Kailash 1

• The distance from Greater Kailash 1 to Connaught Place is 10.3 kilometres.
• The distance from Greater Kailash 1 to Hauz Khaz is 4.4 kilometres.
• The distance from Greater Kailash 1 to Janakpuri is 19.3 kilometres.

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Schools in Greater Kailash 1 and other social amenities

The various schools in this area include Summers Field School and Bluebells International School. The hospitals here are Apollo Spectra Hospital and Vision Eye Centre. The ATM of banks in Greater Kailash 1 include HDFC Bank ATM and ICICI Bank ATM. The shopping malls in Greater Kailash 1 are DDA Shopping Complex and Archana Shopping Complex. Restaurants in Greater Kailash 1 include Domino’s Pizza and My Bar Café.

Read also : Allahabad HC orders sealing of 1,000 flats in Supertech’s Greater Noida project

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Price trends in Greater Kailash 1

The price trends in Greater Kailash 1 from October 2016 to December 2016 for multi-storey apartment has been as follows: The highest locality price is Rs 22,316 per sq ft, the average locality price is Rs 18,000 per sq ft and the lowest locality price is Rs 13,685 per sq ft.

Read also : Allahabad HC orders sealing of 1,000 flats in Supertech’s Greater Noida project

Read also : China’s Evergrande Group crisis: A learning and a potential disruption for Indian real estate

Reasons to invest in Greater Kailash 1 

Greater Kailash 1 is one of the most developed localities for residential purposes. Commercial hubs, shopping complexes, restaurants, etc., are close by along with the airport and railway station. The transport system of this area is good and the residents can smoothly travel without facing any hassle. Property prices are increasing day by day as the demand for this area increasing among the people. The real estate investors can invest in this area without thinking of incurring any loss. There is a lot of demand for this area and as it is located in south Delhi, this makes it an even more attractive place for residents.

Check Properties at Greater Kailash

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Source: https://ecis2016.org
Category: Lifestyle